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Blue-chip stocks refer to the shares of well-established companies which have been in the stock market for a long time and feature strong fundamentals. Due to their sound financial holding, the prices of these stocks are not very sensitive to every movement in the market.
If you are looking for blue-chip stocks, you can consider investing in Nifty 50 stocks, or if you want a more precise list of top blue-chip stocks, you can also refer to the ones mentioned below.
Following are the top 5 blue-chip stocks which you can consider for investment in 2022:
1. Reliance Industries Limited
Incorporated in 1973 by Dhirubhai Ambani, Reliance Industries Ltd. is an Indian multinational conglomerate company. The company operates in diverse sectors, including telecommunication, natural gas, retail, textiles, mass media, petrochemicals, and energy. In the last 5 years, the company has provided its investors with returns of 246.88%.
Company Fundamentals
| Market Capitalisation | Rs. 16,67,325.76 Crore |
| Face Value | Rs. 10.00 |
| Book Value | Rs. 697.00 |
| Company Classification | Large Cap |
2. HDFC Bank
Founded in 1994, HDFC Bank Limited is the largest private sector bank in India in terms of assets and the world’s 10th largest bank based on market capitalisation as of April 2022. The 5-year return of its share stands at 60.12%.
Company Fundamentals
| Market Capitalisation | Rs. 7,42,360.47 Crore |
| Face Value | Rs. 10.00 |
| Book Value | Rs. 432.38 |
| Company Classification | Large Cap |
3. ICICI Bank Limited
ICICI Bank is another leading bank in the Indian private banking domain, offering a wide array of banking solutions to retail and corporate customers. Over the last 5 years, ICICI Bank’s share has generated a staggering 142.84% returns.
Company Fundamentals
| Market Capitalisation | Rs. 4,86,520.88 Crore |
| Face Value | Rs. 2.00 |
| Book Value | Rs. 240.33 |
| Company Classification | Large Cap |
4. Kotak Mahindra Bank Limited
Kotak Mahindra Bank started as a Non-Banking Financial Corporation (NBFC) in 1985 and became India’s first NBFC to get converted into a commercial bank in 2003. And today, it is the third-largest private sector bank in India based on market capitalisation and assets. Its previous 5-year return stands at 72.77%.
Company Fundamentals
| Market Capitalisation | Rs. 3,34,765.27 Crore |
| Face Value | Rs. 5.00 |
| Book value | Rs. 362.48 |
| Company classification | Large Cap |
5. Larsen & Toubro Limited
Founded in 1946, Larsen & Toubro is a multinational Indian conglomerate involved in the business of infrastructural development. It currently serves customers in as many as 50 countries, catering to various industries, including construction, power and defence. Over the past 5 years, it has provided returns of 31.72%.
Company Fundamentals
| Market Capitalisation | Rs. 2,10,209.73 Crore |
| Face Value | Rs. 2.00 |
| Book Value | Rs. 477.63 |
| Company Classification | Large Cap |
If you are looking for stocks which are relatively stable to market shocks, you can consider investing in blue-chip stocks. All the above-listed stocks are also among the Nifty 50 stocks. You can begin your investment journey in the stock market with the share investing app Dhan, which lets you invest in several financial instruments like stocks, commodities, currencies, F&O, IPO and ETFs.